SOLD
Sold on 11 Jun 2024 for $1,573,000

1/20 Faure Lane
Dunsborough WA 6281

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 47m2
Land area: 68m2
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Property Details for 1/20 Faure Lane, Dunsborough

Building Type
Commercial
Year Built
2015
Floor Size
47m2
Land Size
68m2
Local Government
Busselton
Lot/Plan
1/S069519

Last Listing description (April 2020)

Surrounded by growing residential development and the thriving business hub of Enterprise Park, this cafe and drive through coffee site is currently tenanted making a fantastic long term investment opportunity.

47sqm of cafe plus parking and storage together with 128sqm of exclusive use for drive through, alfresco and courtyard creates one of Dunsborough's most popular coffee shops. With limited opportunity for drive through premises and the influx of permanent residences in the surrounding area this is an exciting investment prospect.


The commercial unit has been fitted out to a high standard.

Potential long term lease with current rent of $30,000 plus GST. Tenant is liable for payment of outgoings.

Opportunity to also purchase the above premises comprising of a stylish 1 bedroom apartment and executive commercial office. These will be on a lease back from the current owner for a 2 year period at rent to be negotiated. Asking price $495,000.

Unique Dunsborough commercial investment for the personal portfolio or super fund.

Property History for 1/20 Faure Lane, Dunsborough, WA 6281

A timeline of how this property has performed in the market
Last Sold
$1,573,000
11 Jun 2024
  • 11 Jun 2024
    Sold for $1,573,000
  • 01 Nov 2019
    Listed for Sale $500,000 SAGC

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About Dunsborough 6281

The size of Dunsborough is approximately 16 square kilometres. It has 18 parks covering nearly 12.4% of total area. The population of Dunsborough in 2011 was 4,005 people. By 2016 the population was 5,310 showing a population growth of 32.6% in the area during that time. The predominant age group in Dunsborough is 30-39 years. Households in Dunsborough are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dunsborough work in a trades occupation. In 2011, 61.9% of the homes in Dunsborough were owner-occupied compared with 71% in 2016.

Dunsborough has 5,797 properties. Over the last 5 years, Houses in Dunsborough have seen a 97.30% increase in median value, while Units have seen a 169.83% increase. As at 31 October 2024:

  • The median value for Houses in Dunsborough is $1,202,472 while the median value for Units is $648,254.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 35 properties listed for sale, and 6 properties listed for rent in Dunsborough on OnTheHouse. According to CoreLogic's data, 289 properties were sold in the past 12 months in Dunsborough.

Suburb Insights for Dunsborough 6281

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.